Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against KuCoin+0.090%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$980.983% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.090%, 7d avg −0.016%
=The price spread pays, funding is against you. Bybit is 0.106% dearer against KuCoin than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.016%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITUSDTM | 4.7777 | 0.0028 | pay 0.0014% / 4h | 2h 23m | $5.4M | $1.0M | 30x |
| Short | Bybit LITUSDT | 4.7820 | −0.0002 | pay 0.0001% / 4h | 2h 23m | $41.6M | $28.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: +0.090% → −0.016%
- $10.56
- Slippage, 4 orders
- −$75.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$94.02
- Costs to cover
- 0.983%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 7.74 bp | 29.6 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.05 bp | 22.4 bp −$22 | 63.4 bp −$634 | 537.3 bp −$53.7K | doesn't fit |
LIT on 42 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0448% | 1h | 4.7300 | −0.998% | $612K | $347K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0359% | 4h | 4.7735 | −0.088% | $33K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0327% | 1h | 4.7777 | −0.001% | $42K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0261% | 4h | 4.7760 | −0.036% | $1.4M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0240% | 1h | 4.7713 | −0.134% | $31K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0176% | 1h | 4.7736 | −0.086% | $85K | $66K | 20x | as long as short |
| GRVT LIT_USDT_Perp | −0.0150% | 4h | 4.7721 | −0.117% | $881K | $1.9M | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0143% | 4h | 4.7833 | +0.117% | $25.7M | $61.3M | 50x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7786 | +0.019% | $206K | $283K | 5x | as long as short |
| RISEx LIT/USDC | −0.0012% | 1h | 4.7761 | −0.033% | $824K | $2.2M | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDTshort | −0.0002% | 4h | 4.7820 | +0.090% | $41.6M | $28.6M | 75x | |
| dYdX LIT-USD | 0.0000% | 1h | 4.7810 | +0.070% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7797 | +0.043% | $11K | — | 150x | as long as short |
| KuCoin LITUSDTMlong | +0.0028% | 4h | 4.7777 | long leg | $5.4M | $1.0M | 30x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.550% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7711 | −0.137% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7850 | +0.153% | $59.6M | $27.9M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7745 | −0.067% | $2.2M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7780 | +0.006% | $578K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7838 | +0.128% | $76.9M | $76.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7747 | −0.063% | $118K | $461K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7462 | −0.660% | $118K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7790 | +0.027% | $2.8M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7776 | −0.002% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7810 | +0.069% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7853 | +0.159% | $670K | $1.1M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7814 | +0.078% | $292K | $303K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7810 | +0.069% | $57K | $74K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7751 | −0.054% | $448K | $84K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7794 | +0.036% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7703 | −0.155% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7784 | +0.015% | $1K | $335K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7806 | +0.061% | $199K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7762 | −0.032% | $5.3M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7753 | −0.049% | $149K | — | 3x | as long as short |
| Hyperliquid LIT | +0.0125% | 1h | 4.7916 | +0.291% | $214.6M | $40.1M | 5x | as long as short |
| Lighter RH LIT | +0.0200% | 1h | 4.7870 | +0.195% | $3.7M | $13.1M | 5x | as long as short |
| Aster LITUSDT | +0.0220% | 4h | 4.7842 | +0.136% | $12.8M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7764 | −0.027% | $1.6M | $1.9M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0354% | 1h | 4.7721 | −0.117% | $8K | $204K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0441% / S −0.0231% | 1h | 4.7787 | +0.022% | $66K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7750 | −0.057% | $32K | $683K | 33x | as long as short |
KuCoin LITUSDTM
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
01 Exchange LITUSD
Bullet LIT-USD
GRVT LIT_USDT_Perp
OKX LIT-USDT-SWAP
Phoenix LIT
RISEx LIT/USDC
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Hyperliquid LIT
Lighter RH LIT
Aster LITUSDT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]